Sure! Here's the English translation of what you just wrote:
In the past, when Bitcoin dominance reached around 70%, Ethereum tended to rise.
And here's the expanded version of the explanation I just shared, also translated into English:
📈 Summary of Past Patterns: When BTC Dominance Approaches 70%, ETH Tends to Rise
💡 Typical Flow
BTC Dominance Rises
→ The market moves primarily with Bitcoin, while altcoins (including ETH) are relatively ignored.
→ ETH price either moves sideways or declines.
BTC Dominance Reaches Around 70% (a historical high)
→ Bitcoin's dominance trend reaches a potential peak.
BTC Dominance Starts to Decline
→ Investors start to take profits from BTC.
→ Funds rotate into altcoins, especially large-cap ones like Ethereum.
→ Ethereum begins to rally.
In the past, when Bitcoin dominance reached around 70%, Ethereum tended to rise.
And here's the expanded version of the explanation I just shared, also translated into English:
📈 Summary of Past Patterns: When BTC Dominance Approaches 70%, ETH Tends to Rise
💡 Typical Flow
BTC Dominance Rises
→ The market moves primarily with Bitcoin, while altcoins (including ETH) are relatively ignored.
→ ETH price either moves sideways or declines.
BTC Dominance Reaches Around 70% (a historical high)
→ Bitcoin's dominance trend reaches a potential peak.
BTC Dominance Starts to Decline
→ Investors start to take profits from BTC.
→ Funds rotate into altcoins, especially large-cap ones like Ethereum.
→ Ethereum begins to rally.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.